ING. ØSTENSEN AS

1353 BÆRUMS VERK

Finances

Return on Equity

−5 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	735 000	1 614 000	819 000	800 000
Net Income	−99 000	700 000	94 000	27 000
Total Assets	2 945 000	3 252 000	2 583 000	2 518 000
Total Equity	1 980 000	2 079 000	1 379 000	1 285 000

Income (NOK)	2022	2021	2020	2019
Revenue	735 000	1 614 000	819 000	800 000
Expenditure	836 000	698 000	674 000	737 000
Operating Profit	−102 000	915 000	144 000	63 000
Financial Income	3 000	0	0	1 000
Financial Costs	0	7 000	13 000	19 000
Financial Balance	3 000	−7 000	−13 000	−18 000
Earnings Before Tax	−99 000	908 000	131 000	45 000
Tax	0	208 000	37 000	18 000
Net Income	−99 000	700 000	94 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 560 000	2 260 000	2 298 000	2 337 000
Total Current Assets	385 000	992 000	285 000	181 000
Total Assets	2 945 000	3 252 000	2 583 000	2 518 000
Total Retained Equity	1 950 000	2 049 000	1 349 000	1 255 000
Total Equity	1 980 000	2 079 000	1 379 000	1 285 000
Total Long-Term Debt	772 000	772 000	948 000	1 036 000
Total Current Debt	194 000	402 000	256 000	198 000
Total Equity and Debt	2 945 000	3 252 000	2 583 000	2 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	331 000	1 173 000	348 000	328 000
Other Income	405 000	441 000	471 000	472 000
Revenue	735 000	1 614 000	819 000	800 000
Cost of Goods Sold	0	0	0	49 000
Salary Costs	533 000	507 000	530 000	533 000
Depreciation	50 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	836 000	698 000	674 000	737 000
Operating Profit	−102 000	915 000	144 000	63 000
Financial Income	3 000	0	0	1 000
Financial Costs	0	7 000	13 000	19 000
Financial Balance	3 000	−7 000	−13 000	−18 000
Dividends	0	0	0	0
Net Income	−99 000	700 000	94 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 206 000	2 243 000	2 279 000	2 316 000
Machinery and Plant Facilities	344 000	0	0	0
Fixtures	0	7 000	9 000	11 000
Total Tangible Assets	2 550 000	2 250 000	2 288 000	2 327 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	2 560 000	2 260 000	2 298 000	2 337 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	311 000	987 000	231 000	181 000
Total Current Assets	385 000	992 000	285 000	181 000
Total Assets	2 945 000	3 252 000	2 583 000	2 518 000
Total Equity	1 980 000	2 079 000	1 379 000	1 285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	772 000	772 000	948 000	1 036 000
Creditors	8 000	0	0	6 000
Unpaid Taxes	128 000	146 000	164 000	123 000
Dividends	0	0	0	0
Other Current Debt	57 000	48 000	55 000	50 000
Total Current Debt	194 000	402 000	256 000	198 000
Total Equity and Debt	2 945 000	3 252 000	2 583 000	2 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5 %	33,67 %	6,82 %	2,1 %
Debt-to-Equity Ratio	0,39	0,37	0,69	0,81
Operating Profit Margin	−13,88 %	56,69 %	17,58 %	7,88 %
Current Ratio	1,98	2,47	1,11	0,91
Quick Ratio	1,98	2,47	1,11	0,91
Equity Ratio	0,67	0,64	0,53	0,51
Gross Profit Margin	100 %	100 %	100 %	93,88 %